0:56 | Tour & News
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Monday, October 12, 2015

LONDON (AP) Rory McIlroy says he will continue to host the Irish Open until 2018 on behalf of his charity with sponsorship also secured for the next three years, and reports are Tiger Woods might even join the tournament in 2016.

Prize money for the event, which will be hosted at The K Club in May 2016, will rise by 60 percent, from 2.5 million euros ($2.85 million) to 4 million euros ($4.5 million).

McIlroy said: “The Irish Open has always meant so much to me” and “I am sure The K Club ... will be an excellent venue for the 2016 Irish Open.”

McIlroy pledged to donate any winnings from the 2015 Irish Open to his foundation but missed the cut. His involvement in the event saw bigger names sign on, one of them last year being Rickie Fowler, who finished tied for 30th.

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Woods might be next to join. According to Brian Keogh of the Irish Examiner, Woods is “believed to have been in talks with tournament host Rory McIlroy and his Rory Foundation since the Masters last April.”

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Keogh said, according to sources, that Woods “is being lined up to come back [to] the Co Kildare venue next year.”

GOLF.com contributed to this story.

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